Tradeweb Markets Inc.
TW- Exchange
- Nasdaq
- Industry
- Security & Commodity Brokers, Dealers, Exchanges & Services
- SEC CIK
- 0001758730
In the last 90 days, Tradeweb Markets Inc. insiders filed 0 open-market purchases and 1 sale; 565 institutions reported holding it in 13F filings for Q2 2026, worth $11.6B in total; Viking Global Investors is the only superinvestor holding it.
13F holders, Q3 2025
Institutional positions in Tradeweb Markets Inc. as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 545
- −18 vs. Q2 2025
- Shares held
- 114.4M
- −1.21M (−1.0%) vs. Q2 2025
- Total value
- $12.7B
- −$4.20B (−24.9%) vs. Q2 2025
- New holders
- 92
- 179 more added
- Sold out
- 110
- 211 more reduced
9 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting TW on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 565 | $11.6B |
| Q1 2026 | 585 | $13.7B |
| Q4 2025 | 553 | $12.5B |
| Q3 2025 | 545 | $12.7B |
| Q2 2025 | 572 | $17.1B |
| Q1 2025 | 550 | $17.3B |
| Q4 2024 | 533 | $14.9B |
| Q3 2024 | 451 | $14.3B |
| Q2 2024 | 438 | $12.3B |
| Q1 2024 | 442 | $11.9B |
| Q4 2023 | 411 | $10.4B |
| Q3 2023 | 365 | $9.11B |
| Q2 2023 | 344 | $7.82B |
| Q1 2023 | 355 | $8.83B |
| Q4 2022 | 341 | $7.15B |
| Q3 2022 | 333 | $6.02B |
| Q2 2022 | 334 | $7.37B |
| Q1 2022 | 321 | $9.32B |
| Q4 2021 | 320 | $10.6B |
| Q3 2021 | 296 | $8.34B |
| Q2 2021 | 277 | $8.80B |
| Q1 2021 | 279 | $7.70B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Tradeweb Markets Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| ASR Vermogensbeheer N.V. | 4,820 | $534.9K | 0.01% | −28−0.6% | Reduced |
| Wolverine Trading, LLC | 4,865 | $541.8K | 0.01% | −2,056−29.7% | Reduced |
| Buckingham Strategic Partners | 4,946 | $542.2K | 0.01% | +3,302+200.9% | Added |
| M&T Bank Corp | 4,932 | $546.9K | 0.00% | −2,650−35.0% | Reduced |
| Bangor Savings Bank | 5,050 | $560.4K | 0.05% | −33−0.6% | Reduced |
| Trexquant Investment LP | 5,063 | $561.9K | 0.01% | +5,063 | New |
| Royal London Asset Management Ltd | 5,135 | $569.9K | 0.00% | −1,431−21.8% | Reduced |
| Hamilton Capital Partners Inc. | 5,143 | $570.8K | 0.02% | −511−9.0% | Reduced |
| Capital Group Private Client Services, Inc. | 5,189 | $575.9K | 0.01% | −19,256−78.8% | Reduced |
| Concentric Capital Strategies, LP | 5,259 | $583.6K | 0.03% | +5,259 | New |
| Horizon Kinetics Asset Management LLC | 5,283 | $586.3K | 0.01% | 00.0% | Unchanged |
| Park Avenue Securities LLC | 5,452 | $605.0K | 0.00% | −288−5.0% | Reduced |
| Inspire Advisors, LLC | 5,486 | $608.8K | 0.06% | −131−2.3% | Reduced |
| Allspring Global Investments Holdings, LLC | 5,688 | $612.0K | 0.00% | −1,572,936−99.6% | Reduced |
| Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna | 5,540 | $614.8K | 0.25% | −13,800−71.4% | Reduced |
| Quantitative Investment Management, LLC | 5,579 | $619.0K | 0.09% | +5,579 | New |
| Lazard Asset Management LLC | 5,662 | $628.4K | 0.00% | −2,780−32.9% | Reduced |
| Maryland State Retirement & Pension System | 5,731 | $636.0K | 0.01% | +306+5.6% | Added |
| Sava Infond d.o.o. | 5,850 | $649.2K | 0.09% | +500+9.3% | Added |
| Fiduciary Trust Co | 5,875 | $652.0K | 0.01% | −346−5.6% | Reduced |
| Frank, Rimerman Advisors LLC | 5,902 | $655.0K | 0.04% | +21+0.4% | Added |
| Mariner, LLC | 5,968 | $662.3K | 0.00% | −5,392−47.5% | Reduced |
| Goodman Advisory Group, LLC | 6,027 | $668.9K | 0.17% | +6,027 | New |
| Gulf International Bank (UK) Ltd | 6,043 | $671.0K | 0.02% | 00.0% | Unchanged |
| AdvisorNet Financial, Inc | 6,094 | $676.3K | 0.04% | −439−6.7% | Reduced |
| Utah Retirement Systems | 6,163 | $684.0K | 0.01% | 00.0% | Unchanged |
| Plato Investment Management Ltd | 6,316 | $695.6K | 0.05% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 6,287 | $697.9K | 0.00% | −1,863−22.9% | Reduced |
| Diversified Trust Co | 6,353 | $705.1K | 0.01% | +1,724+37.2% | Added |
| Advisor Group Holdings, Inc. | 6,317 | $709.7K | 0.00% | −9−0.1% | Reduced |
| Federated Hermes, Inc. | 6,514 | $722.9K | 0.00% | −20,007−75.4% | Reduced |
| Maridea Wealth Management LLC | 6,724 | $732.1K | 0.11% | +6,724 | New |
| Sterling Capital Management LLC | 6,619 | $734.6K | 0.01% | −505−7.1% | Reduced |
| Scientech Research LLC | 6,626 | $735.4K | 0.26% | +6,626 | New |
| Captrust Financial Advisors | 6,706 | $744.2K | 0.00% | −3,104−31.6% | Reduced |
| Rockefeller Capital Management L.P. | 6,794 | $754.0K | 0.00% | +6,794 | New |
| Guggenheim Capital LLC | 6,861 | $761.4K | 0.01% | −175−2.5% | Reduced |
| Schroder Investment Management Group | 7,093 | $787.2K | 0.00% | −120,253−94.4% | Reduced |
| Bokf, NA | 7,253 | $804.9K | 0.01% | −23−0.3% | Reduced |
| Vident Advisory, LLC | 7,294 | $809.5K | 0.01% | −25,760−77.9% | Reduced |
| Kentucky Retirement Systems | 7,320 | $812.4K | 0.02% | −117−1.6% | Reduced |
| Toroso Investments, LLC | 7,360 | $816.8K | 0.00% | +981+15.4% | Added |
| Boston Private Wealth LLC | 7,365 | $817.4K | 0.04% | −2,053−21.8% | Reduced |
| Polymer Capital Management (US) LLC | 7,458 | $827.7K | 0.11% | +7,458 | New |
| Axq Capital, LP | 7,527 | $835.3K | 0.32% | +7,527 | New |
| AG2R la Mondiale Gestion D'Actifs | 5,778 | $845.9K | 0.04% | 00.0% | Unchanged |
| Machina Capital S.A.S. | 7,643 | $848.2K | 0.15% | +7,643 | New |
| GAM Holding AG | 7,695 | $854.0K | 0.05% | −157−2.0% | Reduced |
| Mackenzie Financial Corp | 7,705 | $855.1K | 0.00% | +388+5.3% | Added |
| LGT Group Foundation | 7,988 | $859.5K | 0.01% | +155+2.0% | Added |
| Pier Capital, LLC | 7,867 | $873.1K | 0.14% | −592−7.0% | Reduced |
| Amalgamated Bank | 7,876 | $874.0K | 0.01% | −156−1.9% | Reduced |
| Stifel Financial Corp | 8,052 | $893.6K | 0.00% | −4,333−35.0% | Reduced |
| Private Trust Co NA | 8,161 | $905.7K | 0.08% | −227−2.7% | Reduced |
| Malaga Cove Capital, LLC | 8,297 | $920.8K | 0.33% | +8,297 | New |
| Ossiam | 8,318 | $923.1K | 0.01% | +524+6.7% | Added |
| Vontobel Holding Ltd. | 8,417 | $934.1K | 0.00% | −872−9.4% | Reduced |
| Atria Investments LLC | 8,439 | $936.6K | 0.01% | −2,049−19.5% | Reduced |
| Prudential Financial Inc | 8,693 | $964.7K | 0.00% | +60+0.7% | Added |
| Sherbrooke Park Advisers LLC | 8,749 | $971.0K | 0.45% | +8,749 | New |
| Sigma Planning Corp | 8,921 | $990.1K | 0.03% | +3,115+53.7% | Added |
| FORA Capital, LLC | 9,083 | $1.01M | 0.18% | +9,083 | New |
| Standard Life Aberdeen plc | 9,213 | $1.02M | 0.00% | −2,761−23.1% | Reduced |
| Lido Advisors, LLC | 9,393 | $1.04M | 0.00% | +4,210+81.2% | Added |
| Candriam Luxembourg S.C.A. | 9,637 | $1.07M | 0.01% | −2,070−17.7% | Reduced |
| ABN AMRO Bank N.V. | 9,845 | $1.09M | 0.01% | +6,011+156.8% | Added |
| Daiwa Securities Group Inc. | 9,867 | $1.09M | 0.00% | +400+4.2% | Added |
| Creative Planning | 10,087 | $1.12M | 0.00% | +296+3.0% | Added |
| Oak Thistle LLC | 10,097 | $1.12M | 0.17% | +10,097 | New |
| Achmea Investment Management B.V. | 10,206 | $1.13M | 0.01% | +247+2.5% | Added |
| Banque Pictet & Cie SA | 10,302 | $1.14M | 0.01% | −66−0.6% | Reduced |
| Harbour Capital Advisors, LLC | 10,937 | $1.14M | 0.23% | −797−6.8% | Reduced |
| Catalyst Funds Management Pty Ltd | 10,400 | $1.15M | 0.18% | 00.0% | Unchanged |
| Bridges Investment Management Inc | 10,693 | $1.19M | 0.02% | +633+6.3% | Added |
| AXA Investment Managers S.A. | 10,883 | $1.21M | 0.00% | +10,883 | New |
| Mercer Global Advisors Inc | 10,976 | $1.22M | 0.00% | +1,902+21.0% | Added |
| Entropy Technologies, LP | 11,296 | $1.25M | 0.09% | +7,193+175.3% | Added |
| Mediolanum International Funds Ltd | 11,333 | $1.26M | 0.01% | +288+2.6% | Added |
| Leonteq Securities AG | 11,569 | $1.28M | 0.07% | +11,569 | New |
| Hunting Hill Global Capital, LLC | 11,600 | $1.29M | 0.48% | 00.0% | Unchanged |
| JustInvest LLC | 11,616 | $1.29M | 0.01% | −510−4.2% | Reduced |
| Evolutionary Tree Capital Management, LLC | 12,309 | $1.37M | 1.49% | +12,309 | New |
| US Bancorp | 12,359 | $1.37M | 0.00% | −736−5.6% | Reduced |
| Swiss Life Asset Management Ltd | 12,390 | $1.38M | 0.01% | −25,094−66.9% | Reduced |
| Richard Bernstein Advisors LLC | 12,588 | $1.40M | 0.04% | −10,239−44.9% | Reduced |
| Bridgefront Capital, LLC | 12,823 | $1.42M | 0.42% | +12,823 | New |
| 1832 Asset Management L.P. | 13,071 | $1.45M | 0.00% | +510+4.1% | Added |
| Cetera Investment Advisers | 13,235 | $1.47M | 0.00% | +2,457+22.8% | Added |
| Virtus Investment Advisers, Inc. | 13,299 | $1.48M | 0.42% | +3,054+29.8% | Added |
| Pathstone Holdings, LLC | 13,309 | $1.48M | 0.01% | −804−5.7% | Reduced |
| Sciencast Management LP | 13,326 | $1.48M | 0.28% | +13,326 | New |
| Wealth Enhancement Advisory Services, LLC | 14,307 | $1.50M | 0.00% | +8,971+168.1% | Added |
| Xponance, Inc. | 13,609 | $1.51M | 0.01% | +176+1.3% | Added |
| Dynamic Technology Lab Private Ltd | 14,422 | $1.60M | 0.27% | +14,422 | New |
| Linden Thomas Advisory Services, LLC | 14,663 | $1.63M | 0.16% | −125−0.8% | Reduced |
| Westpac Banking Corp | 14,857 | $1.65M | 0.10% | +6,151+70.7% | Added |
| Nissay Asset Management Corp | 14,968 | $1.66M | 0.01% | +173+1.2% | Added |
| Williams Jones Wealth Management, LLC. | 15,000 | $1.66M | 0.02% | +5,218+53.3% | Added |
| Meiji Yasuda Life Insurance Co | 15,184 | $1.69M | 0.05% | −97−0.6% | Reduced |
| Roberts Wealth Advisors, LLC | 15,207 | $1.69M | 0.45% | +184+1.2% | Added |